Tech Mahindra Share Price Live Updates: Tech Mahindra's Current Market Status
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Hans India
23 minutes ago
- Hans India
Blue-chip scrips drag benchmarks into red
Mumbai: Equity markets fell on Thursday, with the benchmark Sensex tumbling 542.47 points, amid profit-taking in blue-chip stocks and foreign fund outflows. Despite a positive start, the 30-share BSE Sensex failed to carry forward the momentum and fell later in the trade. The benchmark tanked 542.47 points, or 0.66 per cent, to settle at 82,184.17. During the day, it tumbled 679.42 points, or 0.82 per cent, to 82,047.22. As many as 2,410 stocks declined, while 1,645 advanced and 166 remained unchanged on the BSE. The 50-share NSE Nifty dropped 157.80 points, or 0.63 per cent, to 25,062.10. From the Sensex firms, Trent, Tech Mahindra, Bajaj Finserv, Reliance Industries, Infosys, Kotak Mahindra Bank, HCL Technologies, and NTPC were among the biggest laggards. However, Eternal, Tata Motors, Sun Pharma, Tata Steel, and Titan were the gainers. Infosys declined over 1 per cent amid profit-taking after its June quarter earnings announcement. 'Indian equities fell sharply today (Thursday), reversing previous gains despite positive global cues. Initial optimism around the India-UK free trade agreement gave way to caution as attention shifted firmly to earnings. The IT and FMCG sectors dragged down large-cap stocks due to subdued Q1 performance. Though the Q1 earnings are broadly in line, it does not justify the premium valuation...' Vinod Nair, Head of Research, Geojit Investments Ltd, said. India and the UK on Thursday inked a landmark free trade agreement (FTA) that will cut tariffs on British whisky, cars, and an array of items, besides boosting bilateral trade by about USD 34 billion annually. The deal was signed by Commerce Minister Piyush Goyal and his British counterpart Jonathan Reynold in the presence of Prime Minister Narendra Modi and his British counterpart Keir Starmer. The FTA is expected to benefit 99 per cent Indian exports from tariff and will make it easier for British firms to export whisky, cars, and other products to India, besides boosting the overall trade basket, according to Indian officials. 'Markets traded under pressure on the weekly expiry day, reversing Wednesday's gains and continuing the prevailing downtrend. After a flat start, the Nifty gradually moved lower, primarily weighed down by persistent weakness in IT majors following Infosys' results and profit booking in private banking stocks after their recent rally. As a result, the index declined by over half a per cent to close at 25,062.10,' Ajit Mishra, SVP, Research, Religare Broking Ltd, said. The BSE smallcap gauge declined 0.50 per cent and midcap index dipped 0.43 per cent. Among BSE sectoral indices, BSE Focused IT dropped 2.27 per cent, IT (1.90 per cent), teck (1.54 per cent), FMCG (1.09 per cent) and realty (1.03 per cent).
Business Standard
15 hours ago
- Business Standard
Comviva appoints Manish Agrawal as President and Chief Operating Officer to accelerate technology transformation and delivery excellence
PRNewswire New Delhi [India], July 24: Comviva, a global leader in digital transformation solutions, specializing in customer experience management, data monetization, and digital financial services, today announced the appointment of Manish Agrawal as President and Chief Operating Officer. This strategic leadership announcement marks a significant milestone in the company's Comviva 2.0 journey, aimed at accelerating market growth, deepening customer engagement, and scaling innovation in a rapidly evolving digital ecosystem. All product units will now report into Manish. Manish will spearhead the transformation of Comviva's product portfolio by integrating AI/Agentic and next-generation technologies, while fostering stronger cross-functional synergy across product lines. He will also focus on enhancing organizational capabilities for business growth through superior customer experiences and value creation. "We are thrilled to welcome Manish to the Comviva family," said Rajesh Chandiramani, Chief Executive Officer at Comviva . "His deep industry expertise and transformative leadership will strengthen our ability to execute with agility, drive stronger cross-functional alignment, and propel our customer-centricity vision forward. I am confident that Manish's appointment will be pivotal in translating our strategic goals into impactful outcomes for our clients globally." A seasoned techno-business leader, Manish brings over 30 years of cross-industry experience spanning telecom, manufacturing, and BFSI. Over the past two decades, he has played multiple leadership roles at Tech Mahindra, including business management, technology transformation, engineering, sales, consulting, turnkey outsourcing, mergers & acquisitions, and cybersecurity. Most recently, he served as Global Practice Head - Telecom at Tech Mahindra, where he was instrumental in repositioning the company's telecom strategy, developing next-generation AI, SaaS and Data driven solutions, leading global presales for large transformation deals across the globe, and working closely with top-tier Telecom clients of Tech Mahindra to drive business outcome transformation. On his appointment, Manish Agrawal said, "I am excited to join Comviva at a transformative point to deliver credible customer experiences through its 'AI First and SaaS Ready' innovative software technology platforms and to deliver best customer experiences for our global customers. I look forward to working with Comviva senior leadership to enable our hyper growth, unlock new business transformation opportunities with the strength of our innovative technology platforms, and to deliver the world's best end customer experiences to our global clients." Comviva is strongly investing in progressing its strategic vision based on new market expansion and deeper client relationships in an accelerating digital economy. It is also focusing on uplifting organizational capability & structure and strategic partnerships as an enabler to its growth strategy. About Comviva Technologies Ltd. Comviva empowers organizations to drive transformative growth with measurable business impact. Our AI-driven digital solutions and intelligent platforms enable our customer to unlock new revenue opportunities, enhance customer experiences, and simplify operational complexities to achieve exponential success. From maximizing customer lifetime value to enabling large-scale digital transformation, Comviva is trusted by 200+ global communication service providers and enterprises to solve complex challenges and prepare for the future. With our solutions deployed across 100+ countries, Comviva has brought the benefits of digital innovation and mobility to billions worldwide. As a subsidiary of Tech Mahindra and a member of the Mahindra Group, Comviva is committed to driving growth, efficiency, and transformation for tomorrow. For more information, visit us at
The Hindu
15 hours ago
- The Hindu
Sensex tanks 542 points dragged down by blue-chip stocks, foreign fund outflows
Equity markets fell on Thursday (July 24, 2025) with the benchmark Sensex tumbling 542.47 points, amid profit-taking in blue-chip stocks and continuous foreign fund outflows. Despite a positive start, the 30-share BSE Sensex failed to carry forward the momentum and fell later in the trade. The benchmark tanked 542.47 points, or 0.66 per cent, to settle at 82,184.17. During the day, it tumbled 679.42 points, or 0.82 per cent, to 82,047.22. The 50-share NSE Nifty dropped 157.80 points, or 0.63 per cent, to 25,062.10. From the Sensex firms, Trent, Tech Mahindra, Bajaj Finserv, Reliance Industries, Infosys, Kotak Mahindra Bank, HCL Technologies, and NTPC were among the biggest laggards. However, Eternal, Tata Motors, Sun Pharma, Tata Steel, and Titan were the gainers. Infosys declined over 1 per cent amid profit-taking after its June quarter earnings announcement. In Asian markets, South Korea's Kospi, Japan's Nikkei 225 index, Shanghai's SSE Composite index and Hong Kong's Hang Seng settled in positive territory. European markets were quoting in the green. The US markets ended higher on Wednesday (July 23). India and the United Kingdom on Thursday (July 24, 2025) inked a landmark free trade agreement (FTA) that will cut tariffs on British whisky, cars, and an array of items, besides boosting bilateral trade by about $34 billion annually. The deal was signed by Commerce Minister Piyush Goyal and his British counterpart Jonathan Reynold in the presence of Prime Minister Narendra Modi and his British counterpart Keir Starmer. The FTA is expected to benefit 99 per cent Indian exports from tariff and will make it easier for British firms to export whisky, cars, and other products to India, besides boosting the overall trade basket, according to Indian officials. Foreign Institutional Investors (FIIs) offloaded equities worth ₹4,209.11 crore on Wednesday, according to exchange data. However, Domestic Institutional Investors (DIIs) bought stocks worth Rs 4,358.52 crore in the previous trade. Global oil benchmark Brent crude jumped 1.24 per cent to $69.36 a barrel. On Wednesday, the Sensex jumped 539.83 points, or 0.66 per cent, to settle at 82,726.64. The Nifty gained 159 points or 0.63 per cent to settle at 25,219.90.
